German Chancellor Angela Merkel will still be looking for coalition partners, despite being on course to celebrate the strongest election result since Helmut Kohl's post-reunification victory of 1990.
Her conservative party has won Germany's election, but finished just short of an absolute majority, according to official results. Merkel's Christian Democrats (CDU) took about 42% of the vote, but she might still have to form a grand coalition with opposition party the Social Democrats (SPD), who won about 26%. Merkel earlier urged her party to celebrate "a super result" after exit polls suggested she was set to win an historic third term, the BBC reports. However, she will be disappointed by the poorer showing of her preferred partners, the liberal Free Democrats (FDP), who won ...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes